Incident Overview
An attacker exploited a dormant, illiquid perpetual market on Rocket. Using a burner account, they posted orders at artificially inflated prices and traded against themselves to generate fake profits on one account while bankrupting the burner. The profitable account then withdrew approximately $287K in positive PnL from the Bridge, with the loss socialized across the platform. Deposits, withdrawals and trading were paused.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.